SAL Heavy Lift Taps Inatech to Navigate IMO 2020
German fleet operator SAL Heavy Lift has hired Inatech, a unit of Glencore, to ensure compliance with new low-sulphur emissions rules and optimize bunker strategies.
Inatech has seen increased onboarding of its ‘Smart Trader’ app, which enables companies to map entire fleets of ships and visualize and plan for best port to bunker given sea and port conditions to achieve lowest prices for the desired quality of fuel. SAL Heavy Lift will apply Smart Trader across parent group Harren & Partner’s fleet of ships.
Anticipating a spike in fuel price volatility and supply dislocation from the International Maritime Organization’s new rules, Inatech designed Smart Trader to enable companies to track their vessels on an integrated system that displays fuel levels on board, news alerts and live pricing data from S&P Global Platts. The tool syncs with Inatech’s Shiptech platform, which enables emission control area compliance and can calculate a fuel’s energy content, or calorific value, an increasingly vital metric for purchasing decisions since the arrival of new low-sulphur fuels.
“Smart Trader and Shiptech are now a crucial part of our operational infrastructure, ensuring that we are fully compliant and have complete visibility on all aspects of our fleets and bunker buying,” said Danny Stutzbecher, Head of Bunkers at SAL Heavy Lift in Hamburg. “This has been an important part of our preparation for 2020.”
Smart Trader data covers refined wholesale and retail marine fuels at more than 350 ports worldwide, along with regional indices, spreads, and moving averages. Potential suppliers are checked for quality and credit references to control counterparty risk.